Reported about 13 hours ago
Australian retail sales experienced a slight decline of 0.1% in December 2024, even with the boost from Cyber Monday, according to the Australian Bureau of Statistics. This downturn comes after increases of 0.7% and 0.5% in the previous months. The household goods sector led growth with a 1.6% rise, while clothing and personal accessories saw a significant drop. The overall retail landscape showed mixed results across various sectors amid supply chain issues affecting food retailing.
Source: YAHOO